KARACHI: The State Bank of Pakistan (SBP) on Friday issued customers’ exchange rates for November 12, 2021. The exchange rate is on the basis of weighted average rates of commercial banks.
The SBP said the data is compiled and disseminated for information only.
These exchange rates are estimates that quoted by various commercial banks to their clients.
The banks provide their indicative exchange rates for commercial transactions with customers.
| CURRENCY | BUYING | SELLING |
| AED | 47.8029 | 47.9140 |
| AUD | 127.9637 | 128.2582 |
| CAD | 139.4383 | 139.7600 |
| CHF | 190.2971 | 190.7284 |
| CNY | 27.4771 | 27.5371 |
| EUR | 200.8119 | 201.2908 |
| GBP | 234.5861 | 235.1391 |
| JPY | 1.5360 | 1.5396 |
| SAR | 46.7912 | 46.8980 |
| USD | 175.4577 | 175.8805 |
The exchange rates released by the State Bank of Pakistan serve as a useful reference for customers conducting foreign currency transactions through commercial banks. However, the actual rates offered by individual banks may differ slightly depending on market conditions, transaction size, and customer arrangements.
Currency values are influenced by global economic developments, international trade, monetary policies, and demand in the foreign exchange market. Importers, exporters, overseas Pakistanis, and travelers should verify the latest buying and selling rates with their respective banks before completing any transaction. Since exchange rates can fluctuate during the trading day, customers are encouraged to check updated quotations regularly to make informed financial decisions and avoid unexpected costs arising from currency market movements.